Nationwide Fund6 Fund Price on May 2, 3024
| NWABX Fund | USD 31.09 0.06 0.19% |
Below is the normalized historical share price chart for Nationwide Fund6 extending back to April 11, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nationwide Fund6 stands at 31.09, as last reported on the 8th of January, with the highest price reaching 31.09 and the lowest price hitting 31.09 during the day.
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. Nationwide Fund6 has Sharpe Ratio of -0.0739, which conveys that the entity had a -0.0739% return per unit of risk over the last 3 months. Nationwide Fund6 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nationwide Fund6's Standard Deviation of 1.47, risk adjusted performance of (0.04), and Mean Deviation of 0.7742 to check out the risk estimate we provide.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = -0.0739
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Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nationwide Fund6 is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nationwide Fund6 by adding Nationwide Fund6 to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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About Nationwide Fund6 Mutual Fund history
Nationwide Fund6 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nationwide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nationwide Fund6 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nationwide Fund6 stock prices may prove useful in developing a viable investing in Nationwide Fund6
The fund invests in a diversified portfolio of common stocks to produce an overall blended equity portfolio consisting of various types of stocks that the subadviser believes offer the potential for capital growth andor dividend income. Most of the stocks in which the fund invests are issued by large-capitalization companies. The subadviser employs a bottom-up approach to selecting securities, emphasizing those that the advisor believes to represent above-average potential for total return, based on fundamental research and analysis.
Nationwide Fund6 Mutual Fund Technical Analysis
Nationwide Fund6 technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Nationwide Fund6 Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Nationwide Fund6 cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nationwide Fund6 January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Nationwide Fund6 mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nationwide Fund6 shares will generate the highest return on investment. By undertsting and applying Nationwide Fund6 mutual fund market strength indicators, traders can identify Nationwide Fund6 entry and exit signals to maximize returns
Nationwide Fund6 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Fund6's price direction in advance. Along with the technical and fundamental analysis of Nationwide Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nationwide to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.8657 |
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Other Information on Investing in Nationwide Mutual Fund
Nationwide Fund6 financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide Fund6 security.
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